Interfor (IFSPF) Projected to Announce Earnings on Thursday

Interfor (OTCMKTS:IFSPF) is anticipated to issue its resultson Thursday, August 6th. Analysts expect Interfor to announce earnings of $0.0901 per share and revenue of $536.6770 million for the quarter.

Interfor Trading Up 4.8%

Shares of OTCMKTS IFSPF traded up $0.42 during mid-day trading on Tuesday, reaching $9.26. The company had a trading volume of 1,754 shares, compared to its average volume of 28,522. Interfor has a twelve month low of $5.05 and a twelve month high of $9.89. The stock’s 50 day moving average is $8.55 and its 200-day moving average is $7.72.

Wall Street Analyst Weigh In

A number of brokerages have commented on IFSPF. TD Securities restated a “hold” rating on shares of Interfor in a research note on Tuesday, May 19th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Interfor in a research note on Tuesday, July 21st. Finally, Raymond James Financial lowered Interfor from a “strong-buy” rating to an “outperform” rating in a report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

About Interfor

Interfor Corporation is a leading global manufacturer of wood products, headquartered in Vancouver, British Columbia. The company operates a network of sawmills across Canada and the United States, producing a wide range of softwood lumber items for residential, commercial and industrial construction. Interfor’s product portfolio includes dimension lumber, timbers, boards and specialty wood products designed to meet the needs of building material distributors, home center retail channels and industrial end-users.

Interfor’s operations span premier timber-growing regions in British Columbia, Alberta, Washington State and Oregon.